Celer

Innovations in both blockchain technologies and cryptoeconomic mechanisms. Layered architecture with clear abstractions and interfaces. Reduces complexities in the system design, development and maintenance. Enables rapid evolution of each individual component.
 Generalized state channel and sidechain suite. Supports fast state transitions with generic dependency DAG on networked channels. Flexible constructs to maximize liquidity utilization. Provably optimal value transfer routing with transparent channel balancing. 15X higher throughput compared to state-of-the-art solutions. Fully decentralized with high failure resilience.

Development framework and runtime for off-chain enabled applications. Provides common design patterns, and handles the operation, storage, tracking, and dispute of off-chain states.Application ecosystem running on Celer Network. Scale out to billions of private off-chain transactions per second with no compromise on trust or decentralization guaranteed by the blockchains.

Cryptoeconomic model that provides network effect, stable liquidity, and high availability for the ecosystem. Includes proof of liquidity commitment, liquidity backing auction, and state guardian network.